Transfer payments include
A) Social Security.
B) dividends.
C) consumption taxes.
D) open market sales.

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to individuals or groups, often for no immediate or direct economic benefit to the government. Social Security is a transfer payment, making it the best choice for this question. Dividends and consumption taxes are not transfer payments as they do not involve government payments to individuals or groups. Open market sales are also not transfer payments but rather a monetary policy tool used by the Federal Reserve to adjust the money supply.

Transfer Payments Include